2023-08-31-accounts

REGISTERED COMPANY NiTrIRF.R: 01524865 IF.nglattd and Wales) REGISTERED CHARITY NU￿lBER. 281566 Report of the Trustees Flnan£lAI 5taiemeDts for iht Ytar Kndtd Jl$t Augusi 2023 VITA ET PAX SCHOOL {COCKF05TERSI LIMITED AttenboToughs [A￿oU￿¢antsl Limited SiutUE(Trry Audit(TrT l Tower Hou5t Ttswet C'entrt IIoddesdon Henfordshire ENII 8UR

VITA ET PAX SCHOOL ICOCKFOSTFRSI I.IMJTF.D Content5 0(the Fill&nrial Statements ror thr yellr 115t Aiigu51 2023 Page Report of tht Trusteos Rep￿rI ollhe Jlldtpeudent Auditors Stxterntnt ofFinaTrcial ActllLtie5 10 Bal&n¢e Sheet Cash Flow SIAtemeht Note5 lo the Cllsh Flow Staternellt 14 Notes to the Flnanelal Statemeots 15 10 22 f)etglled Sttm*mi OfFi￿A￿till A¢tivities 23 to 24

VITA ET PAX SCHOOI. ICOCKFOSTF.RSI I.INIITFD Repvrl o(the Trw5tte5 for th¢ )¢ar eTrdtd 315t August 2023 Tlje irustees who are also direiiors of lh¢ Charity fur th¥ p￿ry￿S￿5 uf IhL' Cutnpanic5 Arl 2006, pieseni their report with Ihe financial statements of th¢ ¢h2riry for th¢ y¢ar ¢ndcd 31si Augu512023. The ttU5tees have adopted the provisions of AL¢vunling und Reponing by Ch3riiies'. Staieinent of Recommended PrActJce applicable io ehariiie% pr￿aring thtir accounts in accordance with th¢ Flljoncial Reportin8 Standard applilional development of each person ￿￿thIn ihe cottununity of the School-. o OtYorin8 a balanced CUTri¢ulurnThthich c4n fulfil th¢ ¢ntitlwn¢nl of ¢a¢h pvpil., u Cirdliii¥ pUr￿lr￿hlP ￿-1WL6m hvTtK. sihuvl a]Hl th¢ wi￿￿ iomThutuiy', o Actively supp￿rting lh¢ lo¢1 and w011d￿￿￿e ¢ommunity o Contslluin¥ the platlld piotesSiODal developJnBnl for leaclung and noJFtraching staff. Our key objectives lor the y¢ar included.. o To deliver a ba12need curriculum which promoteg a¢aderniC >¢hiev¢ment, c(bnfid¢nc¢ and produe¢s w¢ll- rOu￿a¢d yQUik¥ yrvpl¢. o Strengthen cumcula in English and Mathematics o Impro￿¢ mark¢ting 8t￿ infomiaiion UTuund Ihi, school o To improv¢ udm¢niStr(ItiOth und comm￿nIcatiOn vrithin thc ￿h0o1 o To ¢oniinue 10 provide a ran¥e ofaciiviiic$ ihai enrich the ski115 of 51udeDI3 Pllblle bentllt lji blidyuiB vw vbjritiv¢s fuI ttic dTid yldlllllll¥ Uut u¥iivJ¢irs. ttir huyr LUnside￿I the Charity C4)tntlli5510n'5 guidance on public benefit. In¢ludJng the guidan¢e public benefit.. running J charity IPB21' and in particular its suppl¢ment8ry public b¢nefil guidance on advancing education and fee charging. rus¢ I

VITA ET PAX SCHOOL ICOCKFOSTERSI LIMITED Report Df the Trvsttes for tbc ycar cnded 315t August 2023 OBJECTIVES AND AcfiviTIES Ethos, Strite£)' a￿d Polltlts Vith ¢1 P&x Pr¢p¥trdii)ry School is & co4ir wrl¥viii¥d iv llir &ilivul. Iliry dl¥ Jrquiird w >yrJid a JJwiiJuJ¥ wvikiiiB willi the class they wish 10 join 10 dciemiinc Ihcir suiiability and poleniial before they are adnwtted. In th¢ 5¢hotsl pLpils trom all relisious #Dd ¢ulturAI trAditions. work snd pray tO8ether. in line with the ethL¥S. The T￿￿1¢¢8 as Charity T￿￿t¢¢5 hav¢ Control of thc Charity and its propcTry and funds. Th¢y op¢rnt¢ 03 stc￿d3 of thc School. over$eein% Ihe upkeep of the School premises. setting budgets and supponing pupils and staff. P31hways io traTISIIIDn new trustee5 3td sovernors into 5tew?rdsbip of the school gre pregettt. Fotui is On trdirt￿8 building cxp¢ii¢i1￿ low￿d$ lli¢ iclltial LcfjpoJ)3ibility A% a charity. all the incom¢tsf lh¢ kh(JoI i% appliÈd ftsrtslucational purposts. Thc Trusttcs tttgularly review the finance& budg¢ts and cApcn5C5 as of th¢ $t¢wardship of th¢ S¢hvol and in ¢ommon other IndcpcNlctit School& substaniial sum% hav¢ b¢¢n invesied in Ih¢ School building in r¢c¢nt Ye￿$. They ¢ngure ihai there is 3 continuoijs pmgrnmme nf rtfurhi<hmetti. devÈltsDmÈnt and invegthieni tti mainiain the excellent teaching facilities for our pupil%. orber policits on Assisrance Comparaiivcly low fce le¥cls are achieved through pn￿ent firtancial planning and budgding by ihe SchLX)I. Staff discount8 ar¢ available. Hardship support for familics who un¢xpc¢i¢d ¢ir¢umstsnc¢s ihruFi upon th¢rD 1$ avujluble. Poury li is th¢ Irusl¢es' aim io gttaijj the hi£h¢s1 acad¢nuc l¢v¢15 as w¢ll as providin￿ an ¢xtra<utticular Drograttllne which ai to develop th¢ leisure intrrests, self<onfiaence aJO 3 desire to contribute towaTd5 the community at 13rye. Sl'RAI'kGIC KLPUR'I- Achlei'emeni and p*rformince Investll￿R¢ perfDrtDaJJ¢e "Ihe School'5 surplus lunds are invesieil ￿ ljank and Olher deposits.'Ihe thcome trom these dekN)Slts has tallen in line with ihe hink base and the ecnnomic climate Page 2

VITA ET PAX SCHOOL ICOCKFOSTERS) LIMITED Rtpori ol Ihe'l'rusiees for tbe yeHr ended J15t August 2023 STRATEGIC REPORT FiDIDCLal rtview Reserves poliey The policy 5u¥¥ests that the [C￿rY¢S should be mainta￿ed al a leyel between 50 kn 71Y/D of annual it￿[￿. The Tru51ec5 reco8n15e ihat, siven the stren￿h vf ihe Chantys balance Sheet, that the reserve5 are currcnily adcqualc ID withstand 8 5hon-t¢rni dip in pupil numb¢Ys. Th¢s¢ rcscrvcs ar¢ designat¢d for School d¢velopm¢nt ynd poteni281 a¢qui%ition of Jddilional pr¢mis¢$. ShDuld the opportunity lo acquiTe a 5PQrts field 3ri5e th¢ fu]u15 accumulated are available for illjmediale action. ThE de$i8n3T¢d fund is pro}￿ded ro assisi families who unexpeciedly expettence hardship and need assistance ￿ cover their scbool f¢es in slM)rt-rn]. Rrvjcwof kntivilLCS and knhi¢yrt[￿￿5 Dllrin8 thc acadtmic year. thtt %ehcA)I had 110 %hJdents on roll The total staff w¢r¢ as follows,. - Te>ching - C1&55100m A55istsnts 10 cquiyalcnt lo 10 full-timc - Administraljo l equivalenr io l fvll.iime - Carctaker 3 c4uiv3ltnt to 2 fv11_time During ihe year.. o The school Toll was low ￿ryth slighT gr0￿h in ihe nursery oveTS the year hel￿¢ incojne was le5S than expected. o The school was under subs¢rib¢d for Early Y¢ars ¢ntsy. o A dofi¢i¢ Wab s¢nOrtd aB &pe#d fv Jn¢et VPTalivnal ¢v5ts iM¢luaing EalJri¢8, p¢nsions and buildittg ziiaintrtan¢¢. u Advcrtisin¥ Markriin¥ bciattK a privri¢y of ihc b¥hvol iv build i1¥ dibritsl and prini prc5enrc. o Student chYri￿bI¢ work wgs organis¢d and mJnag¢d ¢ffe¢tiv¢ly ihrough th¢ yur. o Thc prnvision of hardship allowcd fund% th ￿.￿p￿ad ￿￿tte nccdcd. o kwtuitttKnt ora nrw so￿￿]￿S body aDd ttustC¢5 CODtLDUGd. The $chools fiDancial position renL4sns viAbl¢. Plans hav¢ b¢en put inio pl￿¢ to in¢T¢as¢ th¢ ¢nrolm¢ni l¢¥¢ls and cui costs with a new m£nagemeni team pui in place, however li is expected ihat the Chanty will still have a defieii for the conJin8 yc4r. In o¢¢ord&nc¢ ￿ryth our mission. w¢ are commilt¢d to Supporting fanuli¢s fa¢ing uncxp¢c1¢4J hardship OT cireunisian¢e8. However, due io th¢ current finonciol Sill￿110￿, we hov¢ ¢xperJ¢nced siwjificont finuneial eojjstrnints ihis year, thich limiied OUT abiliry io provide the level of support we had iiiiended. Furtbern￿Te, we projeci that the upcoming fu￿nCIal year will see a further decline itt stud¢nt numb¢rs. Thjs anticipa￿0 decrease Js likely to result in the cessaiion of support for families Our prittury obligati()h is kn en%tsre ihe finantial viabilily ¢Ontirtu¢d 0￿1(￿11￿￿ of thr ¢h￿rity. No￿l￿ra￿dIng ihe5e challenge5, we retnain re501ute in our commiiment io reinstating support for fanulies at ihe ¢8rliesl opportunity, contingent upon the inwrovemejtt ofour financial position. TRUCTURE. ¢rf)VERNANCE AND MANAGETr¥lENT overDlng do¢umtnt Th¢ charity 15 conirolld by lis gov¢rning doeunKni. a decd of tn￿1. and constitutcs a limited company. limited by gvaraniee, as d¢filled by the Companies Aci 21Y)6. Pa8¢ 3

VITA ET PAX SCHOOL ICOCKFOSTERSI LIMITED Keporl ot Ihe-l rustet5 for tbe )'eAr ended 31$t August 2023 STRbCTURE. GOVERNANCE MANAGEMENT Dlrtctors and TrustotS Thc Iloard looks to appoint TnL$l¢es a dii¢rsity of skills to cre31e a balanced gmup. Potential Trustees are interviewed by the Chair and other TnLElees to determine their commitmenl Bnd inlegrity. On joining a skills audii is undertaken, line wilh ihis appropriaie training is given usually ihrough AGBIS in order that il remains rel¢vani lo th¢ Independent sector. References are taken up from the Headteacher and through nemorkjng. 9510 of the Board at all￿1￿e consi$is of past parents OT persons with a conneLlion ￿ th¢ school. All DirecloTS of the Company are a150 TTU51ee5 of Ihe Charity, and IheTe are no other TTU51ee5. The Board of Dircclor5 has th¢ pow¢r 10 appoinT additional Tn]siecs as it considers fit 10 do so. Th¢Te havc bc¢n rtsignaiions during thc year. Th¢r¢ have be¢n som¢ 8ppointm¢nts dunng the ye8T. P Ar¢barya IChaimJan- appoinged 25 Jllne 20241 A Weslcott Iresigned 3 September 20241 A Jenul Ircsigned 3 Septsmbcr 20241 A Ho￿￿11 (resigned 3 Septeinber 20241 K Jeyarajah {r¢sign¢d 3 S¢pteJnber 20241 t)iAne CgnAde (resigned 8 qepiember ?O??.I S Mi5hra (appoinlcd 3 Scpl¢J21kr 2024} All the trustees give their time freely artd no remuneraiion or expenses were p￿d ￿ the year. PrOv￿J0n for traiwng is aTfdngod and paid for by th¢ schi>ol. Risk m&llAgemellt The ￿Stee$ contjnue to keep ihe Sehool'g aeiivitieg ￿der review paftieularly in regard ￿ Any rigk that may arise from timr lo tinic. Thcy ttmltutor thc clYcrtiVCJK55 of intcrnal contro15and ￿h¢r viabl¢ rn¢a￿, inGludin¥ in5uianc¢ rov¢r wbcTC aPpropr￿le. by which risks ideniified c3n be mitigaied. The irusiees activ¢ly T¢view the major risks which the charity la¢¢5 on a r¢¥ular basis and b¢lirv¢ Ihi mainthininbp r¢s¢rvcs ui ¢UtT¢nl lev¢l4 ¢onts1￿d with an aj￿Ual rcview of Ihe orttrol$ Ovèr k¢y finatsial 6ySteilJ6, ￿111 provide sufficient re¥ouf¢E irt the evtnt of adverse Conditions. TTUSteB Jr¢ illiTca51ll¥ ¥Vlltrul yvcr finawial mana¥rTllClli as ¢hc ￿h￿OI furc5 risk in th¢ rurreni financial maTk¢i a5 WCII a5 Wth diminished income from a lowered roll. The T￿￿teeS have also eXaM￿ned other op¢rational and busin¢¥ risks f2c¢d by the Chariry. Two risks ideniified and miiigat¢d in th¢ period We￿.. o Piovision vf Stron¥ Icadcrship lo ttkina¥c all arca5 ofthe 5¢hDDI o Remedied fin#n¢i¥l in¢ffiri¢ncies. REFLREliCE AND AD￿lINISTRATIvE DETAILS Registtred Comp*ni number 01524865 (En¥lu￿1 WDIc5} ReRlSttred Ch¥rlty number 281566 Registered offi¢e 6a Priory Clos¢ Green Road Soushgate London N144AT Pose 4

VITA ET PAX SCHOOL ICOCKFOSTERSI LIMITED R¢pDrt Df th¢ Truyites for th¢ I'eAr t￿derf 31st Au%u$t 2023 Trusitts Dr A Howell Lawyer ITe5igned IJ9120241 A J¢nul Sch<>DI PTincipg1 {TeRI￿ed 1219120241 M$ K J¢yaraJali Do¢ior Iresigtied 1219120241 MTS. A Wc51cott Cco Irc512n¢d 1219120241 P Achwalgppointed 2$16120241 S MishIa lappuiIit¢J 319120241 D Canade Iresikmed 819120221 Audilofs Aii¢nboToughs IA¢Gowitsnt$l Limited Statuttsry A￿ditThr l Tow¢rIIous¢ I O￿T L¢ntr¢ Hoddesdon Hertfordshire ENII 8UR Soll¢ltors Sione King LLP 13 Queen Square Bath BAI 2HJ B%nlLers National Wcstminster Dank PIC 12 The BToadway, South8ate. Londoii, N140(J CCLA Inv¢5tsneni Mon88¢tnEni Lid COIF Invesimeni Mana8¢m¢nt L SC￿t￿r Hou3C. 5 Queen Vicioria SirceL London. EC4V 4ET Ptnsion Srheme TedLhet¥' PL￿7￿￿ mo￿.d¢n Hajj Darlin￿On DL3 9EE In5urAnee Brokers Marsh Ltd- Ldur3tion fTartsc Lapithi How¢ 1-5 Perrymounl Road HDywards Heorh Wesi Sussex RH16 3SY P8g¢ 5

VITA ET PAX SCHOOL ICOCKFOSTERSI LIMITED Rtpfyrt of the Truslets for the )'car ended 31st August 2023 ?il'AI"EME14T OF TRUSTEES. RESPONSIBILITIES The truslees (who al%n rhe direeti)r8 ofvits Ei Pax S¢hool ICockfosier5) LinMt¢d for the purposes of company lawl die IKspi)11siblt for p￿pa￿A$ th¢ Rcport of th¢ Trusi¢¢s and thè fittancial ststementg In aceor&nce ￿th 2pplic)hlp. law and United Kingdom Accowiiin¥ Sthndards IUDii¢d Kingdom Gen¢r￿llY ALLLPILd Ac¢ouniin¥ Piacli¢¢l. Company law i¢quires th¢ In￿1¢¢5 to pr¢pare fujancial siam¢nts for each finan¢i#l year wbich give a truc 2nd fBir view olthe state of affairs of ihe chariiabl¢ ¢ompany 3nd of IhL' inivilliiig rcsouTce5 and application of resourcc5, in¢luding the illcome and expenditure. of the ¢harit&ble company for that period. In prep￿n8 those finBncial 5t#m¢nts. the Iru5kes are r¢qwred lo sel¢ci suitable accouniing policies and then apply them co]ksisiertily' 06s¢Tve the methods and Pritltipl￿ in the Chirity snRP.. tDakr juil¥ri1￿1ll￿ dud esiiinaic6 thHt atc i¢asoJ1abl￿ aDd prudcnt,. stht¢ whethcr applicabl¢ accounting siandaTIts have b¢¢n followed, 5uble¢r TO any tnaterial dcpartutf5 disiluKd ￿ld explained in th¢ financial Sili lenYnts- pr¢par¢ th¢ financial ststement5 On thc going concern basis unleis it js inappropriat¢ to presume ihai the charitable company uryll con11nu¢ in business. TrK ttU51¢¢5 arc r¢5poItsible for k¢¢ping prop¢r a¢¢ouniins records which dtsclosc reagohable accuracy ai arty time Ihe financial posilion vlihe charitsbl¢ company and 10 en2ble thern iv vnsure Ihai th¢ fjiuncial siaiemenis comply ￿lIh the fnTnpAnieg Act 2Qn6. They are also Tesponsiblc for safe¢uaTding ihe assets of the chanthble company and henc¢ lor iaknng rwonabl¢ sieps forthe PTevcnlion and deEeciion of fraud and other uregularitie In so far as the tNsie¢s ar¢ awa￿.. Iher¢ is no relevant audit infoTm2tion of which ihe charithbl¢ company's audilot5 ar¢ unaware., and the Iru5te¢$ have taken all slEps that they ought lo have tsk¢n io make Ihe]tselves aware of any ielcyani audit infnrmatiort 2nd io estsbli5h that th¢ aUd1kn￿ att aware of that inf()m2tion. Thc trusi¢¢s gre responsible for the maintenance ￿￿j integrity of ih¢ corpordie and finan¢ial infnmution includcd th¢ ¢hAritsble compaAy's w¢bsit¢. AUDITURS Thè audiiors. AltenhoTOI)8h% IAc£Liuntsnlsl Luniied. will be proposed foT r¢-appoJnimeDI ai th¢ forth¢omJnR Annual CJ¢n¢ral Meeting. Rtrrt)rt of the trustees, incorporaiing 3 5tralegi¢ report, appmved by order of the board of trLslees, as the company diicclors, on 8ih Noveinbei 2024 and $18ned on the boaid'5 b¢hAlf by.. P Acharya- Ttuslc¢ PaB¢ 6

Rtport of tht Indeptndenl Auditor5 to the Tru5ttt5 of VIIA Lt Pix S¢hool ICockfoster$l LI￿￿ted Opinio Wc havc audit¢J thc fjnaneial ststcments of Vits Et Pax Sehool Icockfostcrsl Limited Ithe'¢haritsblc Conwan￿1 for the year ended 31st Augu512023 Trhthich ¢ompri5e the Siaiemeni of Financial A¢iivilies, the Balance Shtei, the Cash Flow Siaietnenl and nule5 to the financial 5LilctnEn15. includin¥ a sutntnary of significant acLuunling pvlicic5. The finanLial T¢POrtin8 fram¢t¥ork that has b¢¢n 2ppli¢d in th¢ir pr¢paration is appli¢abl¢ law al￿ Uttit¢d Kingdom A¢¢¢witin8 Sthndards Iuniied Kingdom G¢n¢raJly A¢¢ept¢d A¢¢ouniing PrA¢ti¢el. In QUTopinion th¢ fingnci&l stat¢m¢nts'. give a true Jrtd fair view of the state of the charitable companys affairs a5 31 31st August 2023 and of ils incoming resources and application of resource5, incluthng ils income and expenditure, forthe year then ended.. have b¢en prop¢rly pr¢par¢d in a¢cord3nr¢ with United Kingdom fJen¢rdlly A¢c¢pled Awounting Pradice," a￿t have been prepared iii accoid&nce wilh the ro4uiremenis of tlie Conipaiiies Aci 2006. Rgsl% fnr nplnin Wc coiiductcd our audii ID accoidaDCe with IllIe￿allo￿al Stalldard5 on Auditji￿ IUKI IISAs IUKII alld applicablc law. Uur r¢sJx)nsibilii¢es und¢T Ihosc stsndards are turthcr dcs¢nb¢d In Ihe Auditors, responsibiliiies tor th¢ audii ol thc financial $tatcmenty section of our rep)rt. We ar¢ indcpendent of th¢ charitabl¢ compan>. In Accordance with the ethical Trquircrncnts that arc Tclcvant lo our audit of thc finanrial 51alcttKnls in Ihc UK, including th¢ FRCS Ethical Standard. and w¢ hai'¢ fuifill¢d our Olh¢r Clhi¢al responsibi1111¢5 in accordanc¢ With thes¢ requir¢ments. We believ¢ thai th¢ audii evidence we have ubtained is suffiiieni and apprupria tv provide a basis fur out vpiniun. Conclusions relating io golllg CODtern In auditing th¢ fin)ncial S￿l¢M¢nI$, hav¢ ¢(￿ClUd¢d thai the th￿tee5. use of the going concern basis of accounilng in the prepornlioll ofthe finoncial Stslemenis is appropriate. Based on Ihc work wc havL' performed, we have nol identified any nknilerial uncertainlie5 relating lo evelll$ OT ¢fjndilions ¢h)t, jndjvsJually vr ¢yllur¢iv¢lyy tn#y ¢JFI blbnifirani dvubl on lhe Chan￿ble cvrnpany'¥ abilily tv rolllinuo as a soims concetn foT a peTiLNI of at Icast twelve T￿nthS froin ￿'hell the fina￿la1 $tat¢m¢nts Jr¢ authoTised for i&w¢. Our responsibilities and the reBponsibilities of th¢ trustees resp¢¢t to ￿LThg oow¢rn gr¢ d¢s¢rib¢d in th¢ T¢l¢vgnt S¢CILOllS oliliis rewrt. Other lth(ormtlo The trLtsiees 4re r¢spE)nsibl¢ for th¢ oth¢r infvmwiivn. Th¢ E)ih¢r infvtmoiivn cvmpri5e5 Ihe infutmation included in the Annual Report. oiher than th¢ fitL4nciAI stat¢mcnts and ow Reporr of lh¢ Indcpcndeni A￿di￿r5 th¢Tcon. Our opinion OR th¢ fiDw¢ial Stslrm¢nt& docs not th¢ oth¢r infoFmation and, ¢Ar¢pt to th¢ cxnl oth¢rni expliciily 51&led in our rewrt. we do not expre55 any foTrnof a55ufdnce conclllsion Ihereon. In ¢onnt¢tion with OUT audit of the financial stan￿Trts. our iesponsibility 15 to read the other informohon an￿ in doing 50, ¢onsidei wheiheT the oihei infortnalion 15 llRtetially inconsisrenl with the fil￿ncIal Statements or our knowledge obtained in the audit OT Othe￿4￿Se appears In be nulerially misstated If identify such material inconsistencies or app2reni miienal misSlaiemen15, th'e ète reouiTed Iv deieTnllne whethei thi5 ¥ives rise lu a rnaleiial rnis51atetnenl in th¢ financial STaiemenTs ihetnselves. If, based on ihe work we haie peTformed, we conclude thai there is a m31erial ttli5Stalemenl of thi5 other infortDation. we aTe required to r¢port that faci. We b&ve nothing lo report u) this regard. M&tterJ which llre required to report by exception We have nothing $0 report iii respect of the following matters where the Chariti¢$ IA¢¢ouDt$ 8Dd R¢ponsl Regulations 2008 requires report to If, in ouropinion.. the charitsble company has not kept adeqllatc aecollrjtifjg records. or the financial statements ar¢ noi in agre¢meni ￿lih th¢ accouniing records and r¢Nrns', or we bave recei%'ed all the inforDJation expl￿1&u0￿5 we r¢quir¢ lor our 2udiL Page 7

Rtptsrt of Iht lodeptndent Auditor$ to the Tru5ttts of Vil El Pax 5ehool IC.o¢kfoster51 Lirniied Re5ponJibiiities of truitees As explained more fully In the Statem￿1 of Trusts¢s' Rcsponsibilitics, th¢ tru6t¢¢$ (who ?re #IÈO the diTectorÉ of the ¢harirabl¢ company for th¢ purposes of company lawl are responsible for thc prL'paraiion uf ihL' fina￿1￿1 siul¢TnrDls ynd fvr being satisfied Ihai Ihey givi a inje and fair view, and for such iniernal control as the t￿￿tee5 determinc i5 ne¢¢ssary to enable the pryration of finaijeial gtatementg that are free from manal misgiatomoni. whcthcr due or error. In prepanng the financial 5Tat¢m¢nts. the tr￿1¢¢$ ajr r¢5PQTtsible tor assessin% the charithble companys ability to coniinue ?s 4 8oin¥ concern. disc105inB. applicllble. matters Teiaied iu ¥tsittgeotttern and uslljg Ihe going conrern bA51$ vf a¥c()Uiltiiig unl¢ss die ttu51ees eithei intel￿ to liquidate lh¢ chaEitabl¢ wmpany or tQ C¢a5¢ VP¢Tdtions, or ha￿ no r¢ali511c all¢r￿lIv¢ bui to do 50. 0￿r rejptsttslbllltles lor tht audit of ihe financial statcmtnts W¢ hav¢ beert appoittied Is auditors under Seciion 144 ofihe Chariii¢s Aci 2011 r¢pn in a£corda￿e with the Aci and relevant regulations made or h￿l￿ng effe¢1 Ih¢reund¢r. Our objectives are 10 oblain Teasonabl¢ assurance aboth wh¢th¢r Ihe financial 5uTnents as a whole are free itom maierill misstaiemeni. ￿ether due to fraud or crror. and 10 155ue a Report of the IT￿t￿ndent Auditors thai in¢lude$ our opinion. R¢awnable asswan¢e is a high l¢v¢l of assuranec, bui is noi a guarantee thai an audit conducied in accordn¢e with ISAS IUKI will a1￿y5 dcie¢i a maierial missthtcmeni ￿thCll li ￿15￿. Missthiem¢nLS can gri8e from fraud OT C￿0[ and are lu￿￿idered material if. Individ￿llY or iii the aggregate, Uiey could reasonably k expecied lo influence the ¢eOllthlli¢ d¢¢iS1O￿s of tssers taken on th¢ basis of these financial stsi¢m¢nts. Wc idcniificd of laws and regulations that could r¢a50nably be expected lo have a mtttsrial effeti on (he financjal 6tal¢rnpDt$. We desi￿ PTOcedureÈ in litte with Our regpongibilitie4 ouilintd above. to drfoci material mis51Wten￿llts in The ext¢ni to which ￿￿ed￿r¢S aTe capable of detecting ureBularities. including fr3ud. is a￿alled i￿low. We have made enquires ofmanagemeni around aciual and po*niial ljiigaiion ¢Lgims. Tbc £owaDy is Jubj¢Gi kn law5 and IGsulalioD5 that di[￿tlY tht fJnanGiNI sthtfjtsKtLts inGIMdin8 finan¢sttl le81s131io￿ distr]bulable profits. It¥2slaiion, taxation legislaiion and pension legislation and w¢ asses5¢d the exient of compliance With thcst laws and regulations as part ofour procedures on the ielated fu￿nCl31 51ale]nenl iletns. We have reviewed the finBncJ&l s￿ten￿￿1 d15closures and lesling 10 5uppon docuTnenlation kn assess ¢omplian¢e with applicable laws and regulations. We have considered the risks of managemenT ovffridc of controls. including through t¢sting journal ¢Drrifs and oth¢r 3dJ'ustm¢nts for approprial¢n¢ss. and evaluatine the business raiionalc of significani ttan5aciions outsidc ￿)rn￿l courge of bulffte￿. A fiwthtr d¢5cripiion of our responsibiliti¢5 lor th¢ audit olth¢ finan¢ial $iaiemenis is I￿ated on the Financjal Rcportjng Couneil's website w¥¥w.frc.OTg.uklauditorsresponsibilities. This description forms part of our Report of the lI￿eptIM￿ent Auditois. PBg¢ 8

Report of the IndEPe￿dert1 A￿diti>￿s to tht Trustees ol Vlta Et PAX School (C￿Ck(￿St¢[>l Liwittd Use of our report This report Is itudc solely to the charitable conipanys trust¢es, as a body. in accordance ￿th Part 4 of the Chari11¢8 (Accounts and Reponsl Regulations 2008. Our #udit work becn undertaken so that we might stale 10 th¢ charithble ¢vmpartls t￿￿teeS ihose matiers we are required ￿ $￿tr ty ih¢m in an Auditors, report and for no other PUJPQSE. TITr th¢ Il¢si exi¢ni p¢rniitt¢d by law, we do noi accept OT a55ume responsibility to anyone other ihan the chaniable Company and the charitsble company'5 ttusiees as 4 body. IOT our audit worL for thi5 rewrt. or for the vpinivns wt h•v¢ fornied. AttcnbDrou8hs IA¢¢ountantsl Limit¢d Siatuiory Auditor Eligible io act a5 an auditor irt tern￿ of Seciion 1212 ofthe Companies kn12(MJ6 l Tower House Tow¢r C¢ttty¢ Hodd¢5don Henfordsknre F.NI I 8IJR 8th November 2024 Page 9

VITA ET PAX SCHOOL ICOCKFOSTERSI LIMITED .Stalen￿nI ofFinancig1 Activiiies IlllcorporaliDR lacojnt and Ixptnditllre Account) for the year tDded 315t Augusr 2023 3118123 Unr¢5tnct¢d fund% 3118122 Total Notes 1Tr4COME AND EliDOWMEIYTS FROM Dongtt0￿ and l¢gA¢i¢6 17,592 5,(K)O OihEI trading activitl¢S Inv¢stm¢ni in¢ome ,202,331 .033.479 2,773 Total .237.554 l.V41252 EXVLPIDI'I'VKL UIY Raising funds 1481 22,530 Chriible ¢ilYllle$ School 1.202.390 .457,962 Olh¢r 205,141 Total ,470,483 ,480.492 YET INCQMEIIEXPEWDITVREI 1232,991 1439,2401 RECONCILIATIOY OF FUNDS TDidl funds biuughi furwdrd 815,51M 1,254,744 TOTAL FUNDS CARRIED FORWARD 582,575 815,504 Th¢ notes fomi port ofthes¢ fiottncitsl thtemcnts Pase 10

VITA ET PAX SCHOOL ICOCKFOSTF.RSI LIMITED Balanre Shtet 31st August 2023 3118r23 3118122 Total Unrestricied N01¢5 FIXED ASSETS Tan￿bI¢ ass¢ts 315,550 349,953 CURRENT A55ETS tkTrbiors Cash ai bank and in hand 142.050 658,155 481.926 700.937 8(X).205 CREDITORS Amounts falling due within one year 1365,8021 1252,827) NET CURRENT ASSETS 355,135 547,378 TOTAI. ASSFTS I,ESS CURRENT LIABILTtIES 650,685 897.331 CREDITORS Amounts falling due aft¢T moT¢ than on¢ y¢ar 168,1101 181,8271 NET ASSETS 582.575 815.504 FIINDS Unr¢stnct¢d funds 582,575 815,51 TOTAL FUNDS 582.575 ¥15.504 The ¢hariiabl¢ company 15 eniiiled to ¢xemptson from audit under Seciion 477 ofthc Compani¢5 Aci 2006 for th¢ year ended 31st August 2023. The memb¢r5 hav¢ noi deposiTea norice. putsuani 10 section 476 of the Companies Acr 2006 requlrjng an audLT of These financial 9t1￿meNts. Th¢ ttU5t¢¢5 acknowl¢ds¢ thcir ￿SPonSibl11t1¢5 foi etwing ibat the chaniable company keeps accounting records that Comply with S¢¢tion5 386 and 387 of the Companies Act 2(M)6 and prepar￿￿ fJnaoeiAI gtateJneDts which give a true fair of the Sta￿ of affairg ofthe eharitsble cortV3ny as at th¢ ¢nd of each firtancial y¢aT aThJ of its sutplus or d¢ficit for cach financial ycar in accordancc with thc requirements ofse¢iion$ 394 and 395 and ￿thIch OthenN￿Se comply wlh the requirements of the CompAnies Act 2006 relatin8 to financial slale]llents, so far as applicable to ihe charitable company. The5¢ fina￿1￿] slaletnenls have been audited ullder the requ￿e[Dellts of Seciion 145 ofthe Charities kn 2011. Th¢ financiol sfotem¢ni$ w¢r¢ &pprov¢d by th¢ Btsard of TruSt¢cS and lluthoriscd for i5suc on 8th Novcrnbcr 2024 4nd We￿ sI￿¢d on ITS behalf by.. Th¢ noi¢s forni patt ofih¢s¢ finan¢ial sia*mEnts Page 11 ¢ontinu¢&..

VITA ET PAX SCIIOOL ICOCKFOSTF.RSI LIMITED Balance Shtet- conilnutd Jlst August 202J P Acharya- TtwtGG The not¢s fom) part of ibese financial siai¢ments Pago 12

VITA ET PAX SCHOOL ICOCKFOSTERSI LIMITED Cash Flow stalen￿nt (or the ytar ended 31st August 2023 3118123 3118122 Notes Cash flows from opergtlng ¢t1}￿tIeS CAsh genersted Irom opergljons Initiesi paid {516,2091 17.5291 Net ¢ash used in vperating ¢tivitie$ 1154,6801 1516,2091 C95h now$ from InvÈ$tlng attlvlilei Purchase of tattgible fLxed &£sets Interesi received 139,1801 2,773 Net cash Ius¢d inyprovided by investing activities 121,5491 2,773 CbaDge In eayb and tash Èqulyalellts Irl the reportlnE period Cash ¢Ash tquivgltrlts st the btglnnlng of the rtptyrtlng perfod 1176,2291 1513,436} 658,155 Cll5h cash equivalents at the end of the ￿portIng period 481,926 658.155 Th¢ fomi part of these financial 5tatetneTLts Pag¢ 13

VITA ET PAX SCHOOL ICOCKFOSTERS} LIMITED Iyotes to the Cash Flo Stalement lor the yeAr ended 31$t Au%u5t 2013 RECONCILIATION OF NET EXPE￿,D1TuRE TO NET CASH FLOW FROM OPFRATING ACTVVITJES 3118123 3118r22 Nel cxpcndilure for the reportlng ptrltsd 141 per the Strltemetst of 1232,9291 1439,2401 Adjustments (or.. Depr¢ci3tinn ¢harg¢s Inlercsl rcccived Irtteresi paid In¢Tease in debknrs IncTeaselldecicase) in rreditors 73,535 69,665 12.7731 7,529 176,9611 99,306 Ntt t$b u$td lth operatlo 1516,2091 ANALI'SIS OF CHANGES IN NET FUNDS Al 119122 ¢￿h fluw AE 3118123 Net cgsh Cash at bank aod iti hand 658,155 11762291 481,926 658,155 1176,2291 481,926 658,155 11?6.2291 481,926 Thc now5 form part of ihc5c financial siatCTtKni 14

InTA ET PAX SCHOOI. ICOCKFOSTFRSI I.IMITF.D oles to the Fillancial Slatements for tbo year ended Jlsl August 2023 ACCOUNTING POI.ICIFS B891s olprtpirlng ttLe ITrtintl81 $iaiements ThL finanLiJI sl#limLnis uf IhL charli￿bI¥ company. which is a public bencfil enlily under FRS 102, have beeD pr¢wdr¢d in a¢rordan¢e the Charities SORP IFRS 1021'Accounting and Reportins bychariiies.. staren￿nI of R¢comm¢nded Pracii¢e appli¢abl¢ lo ¢haniie5 preparing iheir accounts In accordance wih ihe Financigl Reporting SiandaTd applicable in the UK and Republic of Ireland IFRS 1021 l¢ffediv¢ l January 20191,. Financial Reporting Srandard 102 The Financial Resx)rting Standard applie2ble in the UK and R¢publi¢ of Ireland, and CompanJ¢5 A¢1 2006. Th¢ financial stytem¢nts hav¢ bc¢n prepared under ihe hisiori¢al Cosi etsnveniion. InconL F¢c5 r¢c¢i¥abl¢ alid chai8cs 101 5ervJc¢s al￿ usc ofpr¢iiiises ale a¥COUiJied rot iij ilie pej1￿ iij wljiilj sejvitse is pii)vidd. Fee5 receivable 3Te 5talcd after deducting allowances, scholarships and other rcmissions granted by the School. Donations received foi the generdl purposes of the sch￿1 are included as unrestricied funds. Donations restricted by the wishes of the donor or the ternLS of an appeal 8r¢ tsk¢n io restyi¢ted funds. Donations required ty b¢ Tet3ined a5 capiial in accordance wlh the donorfs wishes are accounied for as endow¢nts - pemianeni or EipeDditure Expcndilurc 13 allocatcd to cxpcnsc hCadIn￿, which B8Vc￿tE pll w¥ts to th ¢atsgory Eithcr on a dirwt cosi basis, or apportioned according to lime spent. The irrecovernble elemeni ol VAT i5 included ￿ryth lh¢ itenl ofexpense io ￿lUCh li reiales. All costs associated with ihe provision of educiion are allocated to Charitable Expenditure. Only the eogts of kit¢hen and dotneslic staff who are etnployed on 3 short ierm basis during the school holidays are allocated to the Cosi of RBising Funds wh¢reAs the ¢05ts of the pcrnwi¢ni staff ar¢ all0¢a￿d to Charitable Exp¢ndiiure because they %Yould hav¢ io b¢ pjid ony ¢Y¢ni. Lik¢wiS¢, tsnly pr¢MIs￿ ¢o8ts that QT¢ irt¢urr¢d b¢¢tsu¥¢ of. QT t SUPPOrt, the letting activities are allLxaied io the Costs of Raisin8 Funds. Gov¢rnan¢e COStscompri5e the c0515 of runnin8 the Tn￿1. including strategic planniAg for its future developn￿nI, exttrtL41 Alldit. and all oiheT ¢05t5 of cO￿PIying wih collslitulional and 51aNtory requirewnts. Tangible filed &55ets All fixed assets ar¢ used in dire¢1 furth¢ran¢¢ of the school'5 objectives. Fixed a55ets are included in these finAniial ¥kllimL'ni¥al Ih¥irori8inal cosl le&s &piecialion and accumuialed impairnKni losses provided ts) datc. A ¢apiilaiSatlOn poli¢y of 12,500 15 in plaG¢. linpTovements io ikasehold Premises- Amortised annually bAstd i)n 20 yean lease Improycmcnts io L¢￿chOld Pr¢misc8 Ipost 3110812017}- Anjortised ba￿d on IEI]kllDsng lifr of FIKIUTCY dnd cquiptncni - 25 /v On COSt15traighi line) Th¢ charity is ¢x¢ny from corporati¢m i)h its chatitablc activitiC5. Fund *¢touniln2 Unreslricied lunds can be used in2￿0rd￿n¢¢ with th¢ ¢harithbl¢ obje¢iives al the diKreiion of the tr￿lee5. Rcs¢ri¢icd tiinds ¢#n only be used for particular restricted purposes ￿thin th¢ obj¢¢ts of the charity. ReslrictiOn5 arist whcn spt¢ified by the donor or when fun￿$ Are rlli%ed for particular regiricted pijrpnses Further explanaiion of the natur¢ and purpose ofe#rh ful￿ is included in the Jjoies io the fina￿l￿ stst¢m¢nts. Pasc IS ontitwcd...

VITA ET PAX SCHOOL ICOCKFOSTERS} LIMITED rioles to Ihe Tr'iDAnelal Slaiements- tontlftued (or tbe )'ear endcd 315t August 2023 ACCOUNTING POI.ICIES- eotttlttlled Hlre purchgse Dd le4$lng tommltmeDIs Rentsls paid wider operating le85es Ar¢ charg¢d io the SL41¢m¢nt of Financial A¢iiviiies on 8 Strnight lin¢ basi5 ovcr ihe period of the le3se. Pengloll costs #ttd Oiher po$t-rtlirtment bentljts Full-linie and pan-time leaching siaff employed under a contract of Service are eligible lo contribute io the Teachers, Pe￿lOn Scheine ITPSI. The TPS, a statutory, contributory, final salary s¢h¢nK 15 admmistrred by Capiia T¢ach¢r5' P¢nsioNs on b¢half of the fJ¢partyneni for Educaiion and Skill5. Costs include nonllal and supplementsry contribution5. The regular eosE LS the normal coninbution, expressed a pc[G¢n￿8¢ of Salary of a wach¢r newly cJ]i¢rin8 5crvic¢, wliich would d¢fiay dic ¢051 of b¢iicfits payabl¢ in respc¢t of that service. Variatiorts fTom the regular pensivn Cosi are met by a $upplem¢niary ¢ontribulion. Thi$ o¢¢urs if. L% a restyli of th¢ ￿t￿l￿al investigation, it is found thai th¢ 4¢¢umulat¢d liabiliti¢s for b¢tyefits to p&%t nd pr¢sent iearh¢TS Hr¢ not fidly rover¢d by contributions ￿ be paid in the futu[¢ and by the fund built up from pasi contributions. The nornial and suppl¢meniary ¢onttibutions att charged to ihe income and expEndilure account in Ihe yeai. The school also payg eontributiony into # Group Personal Pert5ion Scherne for Support 5t3ff. The schet￿e is dcfiii¢d wiitributioii pcn6iQli s¢licnic. Th¢ 965¢ts orth¢ Scli¢inc aic h¢ld s¢parai¢ly fiojll 11106¢ Qfilic School in ?n indynd¢nily dminisicr¢d fund. Th¢ V¢nsion Sch¢nK ¢har8C represents Contributions payable by school in a¢¢ord#rt¢ with Ihc rulc5 of Ihc Sch¢tne. DOTriATIONS AND LEGACIES 3118123 3118122 Gift Do¢uiions 17.590 5.1)00 17,592 5,000 OTHER TRADING ACTIVITIES 3118123 3118/22 School F¢es holarghips at0 bursaries l.(K)6,144 951.803 143,5001 17,766 2,820 52,223 52.367 748 1,800 122,088 25.207 46,344 Regi¥trniion fees Farly y¢ars funding Other in¢tsmr SEND fijnding 1.2n2,.331 ,fi33,479 Pts8¢ 16 ontinurd...

VITA ET PAX SCHOOL ICOCKFOSTERSI LIMITED oItS 10 lh¢ Flttan¢l*l Slaltmeiii5- ¢Olhtirtued ror tbe )'ear ended 315t August 2023 INVESTMENT INCOME Irtieresi receivable- tradirt 17,631 2,773 RAISING FUTriDS Ralsing donatlons And leg4tltS 3118123 3118122 D¢pwiation 1481 OtTrLer trading actlvltiej 3118123 3118122 Flad d¢bts Aggregate amounts 1481 22.530 CHARITABLE ACTIVITIES COSTS Support ¢osls (Ke note 71 DI￿¢1 Costs Totsls School 919,858 282,532 1.202,390 siippnRT CnSTS Gov¢rna]K Finun Tvial& Other r¢sQu￿¢S ¢xp¢nd¢d .Iiwl 245.807 76 26.2$8 11.400 268.141 282,532 513,458 14431 37,658 550.673 Page 17 onlinu¢d...

VITA ET PAX SCHOOL {COCKFOSTERSI l.IhllTFD Note5 to tht Financial StattMt￿15- continued for tho year endod 31st Augllst 2023 NET INCOMEIIEXPENDITUREI Net incomellexpenditLLrel is stated afterchaTginWlcredilJn81'. 3118123 3118122 Auditor5, remuneration Auditors, reTnun¢raiion for non audil work Audil-ielakd assurance setvice5 DeprtCi4lion- oMTred asse Other operaiing leases 6,894 6,000 17,589 18,567 69,665 6,039 73,583 13,010 TRUSTEES. REMUNERATION AND BENEFITS There w¢re no m￿1¢¢$, r¢mun¢rniion OT oth¢r b¢nefiLS for the yeaTe¢thd 31si Augusi 2023 nor for the y¢ar ¢nd¢d 31st August 2022. Trustees, eXpe￿se1 Th¢r¢ w¢r¢ tw ttwiees. expenses pa￿ for the yeaT ended 31st Au&tsi 202J zK>r for the yeaT ended 31s1 August 2022. io. STAFF COSTS 3118123 3118122 Wa8¢s and salari¢$ Social security cost5 Other pension cos15 634,369 63,140 141.884 621,816 58,505 91,637 839,393 771,958 The av¢raR¢ monthly number of ¢mploye¢s durin8 Ihe y¢ar was 4$ fDIIow5". 3118123 31/￿22 T¢a¢htYs Cla53fooTll A55iStants Athninibtraiive Carclak¢r Cleartets 25 23 No ¢ryloy¢¢$ r¢¢¢ivcd ¢n￿1um¢nts in ¢x¢ess of £60,000. Page 18 ¢ontinu¢d...

VITA ET PAX SCHOOL ICOCKFOSTFRS} LIMJTED rolt$ io ihe Fln4mtll Stattmeibis- eo]l¢inued for the )er ended Jlst Au2W5t 2023 COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unresthctrd nds INCOME AND ENDOWMENTS FROM Don#iions and legaties 5.000 Other trading activitie5 Investment it￿0￿¢ 1.033,479 2,773 Total 1,041,252 EXPENDITURE ON R￿sing funds 22,530 Chrli¥ble #¢11￿¢1¢$ School 1,457,962 Tot 1,480,492 YET INCOMFJIEXPENDtruRE} 1439,2401 RECONCILLITION OF FUNDS Totsl fwidg brou8ht foThvard 1.254,744 TOTAL FUNDS CARRtED FORM'ARD 815,504 12. TANGIBLE FIXED ASSETS Inwrovements to Fixtwe5 and fining$ PTop¢rry Totals COST Al l$1 S¢pkmb¢r 2022 Addiiiong 1,409,694 39.180 309,844 ,719,538 39.180 AI 31sE Au￿1 2023 1.448,874 309.844 1,758,718 nF.PRFCT ATION Al 1st Sepiember 2022 Charge for year 1.059,741 73,583 309,844 .369,585 73,583 At 31st Augugt 2023 1,133.324 309,844 1.443,168 YET BOOK VALUE AI 31si Augu512023 315,550 315,550 Al 31st Augu5T 2022 349.953 349,953 Pag¢ 19 CODtIDued...

VITA ET PAX SCHOOI. ICOCKFOSTFRSI LIMITED F4ole$ to ihe Financigl Sl&lements- Continued fgt tbt y¢r tttdtd 31st August 2023 13. DEBTORS: AMOUNTS FALLING DUE WITHIN YEAR 3118123 3118122 Tiad¢ drbioTS Bad d¢bi prowjsion Other debiors Pr¢EMyllitrits ￿ld a¥cnd iiiwni¢ 204,496 134.157 16¥,¥Y71 67.056 142.050 14. CREDITOR5- A￿louNTs FALLING DUE WITHIN ONE YKAR 3118123 3118122 Trade CredI￿rS SoEial security and oih¢T taxes Othcr crcdiTof5 A¢Lnthlb and deferred income A¢¢tued èxpengèg 47.498 5,658 27,256 273,390 12,000 48.477 28,062 42.701 133,587 365.802 252,827 15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 311V23 3118112 Oth¢T¢r¢diiors overone year 68,110 81,827 MVVLMLN I IP4 VUIYDS Nel JJ)ovem2llt in funds Al 3118Q3 At 119122 Urt$tritt¢d f￿hd$ fj¢neral ￿nd 815,504 (232,9291 582,575 TOTAL FUTrIDS 815,504 {232,9291 582.575 N¢1 ]nuvrtn¥ni in funds, i]KlUde￿ in thL abvve aty fulluws". liesobrees ¢xp¢nd Mtsvement in fund5 IC50UTC¢¥ VnrestriQted fund Gcncral futtd .237,554 11.470,4831 IZ32,9291 TOT.IL FUNDS 1,237.554 11,470.4831 1232,929) PaRe 20 continue41...

VITA ET PAX SCHOOL ICOCKFOSTFRSI I.IMVTF.D ie$ to the Tr'lttartclgi si*iements. contlthu¢d ror the ytar endcd 315t Au%ust 2023 16. MOVEMENT IN FUNDS- eontlDued CO￿p•r&I1yts (or movement ID fund5 Net mov¢nKnt in fut At 311￿2 At 119121 UDre5tricted funds GeTkeral fund Designakd 1254,069 75 (439,2401 815,429 7S 1254.744 1439.2401 815.504 TOTAL FUliDS 1254,744 1439,2401 515,504 Comparativ¢ llEt [Dov¢[t￿lI in funds, included ID the above ale as follow5.. R¢5(kU￿¢S exp¢nded rcsour¢es in funds Unrfstrieted funds G¢neral fund 1.041.252 {1,480,4921 1439,2401 TOTAL FUNDS 1.041,252 11,480,4921 1439,2401 A cwr¢ttt y¢&r 12 month8 9t￿ prior y¢ar l2 Jwnths ¢¢￿￿ll￿d p¢sition 1$ 08 ftsl1ts￿". N¢1 movement At 3118123 Ai 119121 UMrE5tritttd fund$ General fund D¢sibTrlt¢d 1.254,669 75 1672,1691 582,5(X) 75 1.254,744 1672,1691 582,575 TOTAL >UIIDS 1.254,744 1672,1691 582,575 A currcnt ycBr 12 ttMknths prior ycar 12 rnoftthy combin¢d nct mov¢m¢nt in hnds, in abov¢ ar¢ as follows.. ID¢omin8 resourc¢g R¢50ur¢¢5 ¢xp¢nd¢ Mov¢m¢nt In funds Unre$tricttd fuods General fund 2.278,806 12,950,975) 1672,1691 TnT AI. FIIliI)S ?.278.806 12.950.975) {672.1691 CODtiDUCd...

VITA F.T PAX SCHOOV, ICOCKFOSTERSI LIMITED P4ote$ to the Tr-inancial >ilatements- coTrtlnued for the y¢Ar e#ded Jl$t August 202J 17. EMPLOYEE BENEFIT OBLIGATIONS ThE School parti¢ipale5 in the Teachers. Pensioll Scheme Ilhe TPS'I for 115 leachin8 Staff. Th¢ p¢nsiorL ¢h&rg¢ for the year include$ contributioN pa￿ble lo ih¢ TPS of £130.832 12022.. £89.3631. The TPS is an unfuttded mu]ii-¢mploy¢r d¢fin¢d b¢n¢CIt$ P¢s)sion s¢h¢mr ¥uv¢rnvJ by Tkn .T6ach¢t5' Prn51vns Rebwlaiions 2010 la$ amended) and The Teacher5. Pension Schellle Reg￿latIOnS 2014 las an￿nded1. Members coniribulc on a "pay as you ¥0" basis wih contributions from members ond ihe employer being credited lo the Exchequer. Retiren￿ll1 and other pension benefits are paid by publi¢ fi￿)dS PTovid¢d by ParliamenL ThE employer contribution iale is Sel by the S￿retary of Slate following schetne valuatlODS undertaken by the Gov¢rnmeni A¢iuaty5 DeparttnenL The Tllost recent actuarial valuaiion of the TPS wa5 prepared as al 31 March 2016 and thc Valualion R¢post, whi¢h was publi5h¢d in Marrh 2019. WDfLrnKd ihai th¢ cmpl0￿r contribu¢ion rnte for th¢ TPS would increas¢ from 16.40/0 to 23.6/o from I S¢piember 2019. En4)loyeYs are also required 10 pay a scheme administraiion levyof 0.08Yo a ioisl employer¢ontributiOn Tèle of 23.680/0. Thr 31 March 2010 Valuation Report was prepaied in accordance the benefiis sei oui in the Scheme rc8ulalion5 and under the approach specified in the Directions, as they applied at 5 March 2019. However, the a￿lilnpt1thn￿ were cnllside.red And ￿.¢ hy ihp T)e.pArtnieffti fnr FdiicAtion prior io ihc niling in rhe 'M¢¢louWSarg¢aJJi ¢ase'. ThLS ¢a5e has r¢4uifcd the ¢OUrts tts 61)nSid¢r ¢ases ￿SaId￿n8 thc Jrtwl¢mcniationof th¢ 2015 refoTtn% kn Publi¢ Setyice Pension5 including the Teachers. Pension5. On 27 ju￿ 2019 th¢ Supr¢m¢ Court deni¢d th¢ govomm¢ni p¢rniissionto appoal tho Court of Appoal's judwent thlli ir￿￿￿111￿￿dl PTuvi¥iylls intrvduyiyl tv ihr rrfvrtn¢d s¢￿.[￿¢& in 2015 ¥avr Tlbc io unlpwful discriminaiion. Th¢ governm¢ni is r¢spwtin8 ihe Court's dLi$iun and has said il will ¢ngasc fiJlly with the Frnploymenl TTibllnal a% well employer and memhtr Tepresent2tiveq to agret hnw thÈ di%cnminarifin% will be T¢mrdicd. A Consul￿1]￿D was launch¢d by thc 8OVCt]uncnt on 16 J￿Y 2020. and closcd to rcsponscs OD 11 O¢iobEr 2020. The TPS Is subj¢¢i io a ¢ost ¢ap merhallistn which was put ￿ piacc to prolccl laXpay￿S aga1t￿ ullforesEen chgn8es in sehcttw eosts. The Chief Secr¢tsry ¢0 th¢ Tre#Sury, in 2018 ￿￿ounCed that there would be ¢vi¢w oltlu6 WSI Al￿￿1￿1l￿tt4 ui jdl1u￿Y 2019 ￿M1VullL¢J d pdu>r Iv ivsl iup I1￿Lh￿iL￿IIl fvlluwiIi¥ thr Court of App¢als ruling in th¢ mcCloU￿sar8¢4nr case and uniil there is certainly about the value of pensiuns 10 ¢mploy¢¢y from April 2015 onwards. The pause w#5 lift¢d in July 2020 and the governmeni is preparing lo compl¢ie th¢ ￿0$1 ¢ontNI ¢l¢m¢fjt Llf lh¢ 2016 valuotlolls, which 15 CAP￿t¢d to bc Gomplctcd in 2021. In wlew of rhe alx)ve nJllng$ and decisions the 255umptions used in the 31 March 2016 AcNari31 Valuation may become inappropriaie. In ihis scenario. g valuation prepar¢d in a¢¢ordance with revised ben¢fits and suitybly revised assumptions would ￿t[d diffcr¢ni ttsults than th()SC C¢)ntaitteil in the A¢tu¥rial V4luation. Un%&1 the ¢onslllMiiots the cost eop me¢hAAism f¢vl¢w Gompl¢t¢J il is nol P035iblG to ¢(}￿lud¢ on uny financial impact or fuwr¢ ¢hAn8¢5 to th¢ ¢ooiribuiion raies vf th¢ TPS. A¢¢urdillgly no PTOVi5ion for addiiional p8sI benefit pension ¢osts Is ¢n¢luded in these fin&n¢J&l ststem¢ni$. RELATED PARTY DISCLOSURES There were no related party transactions forthe year ended 31st Augugt 2023. Page ?2

VITA ET PAX SCHOOL ICOCKFOSTERS) LIMITED Vttailed èTrtatemenl olTr'inancial Attivilhes ror tht year tnded Jl$t Augwst 2023 3118123 3118122 INCOME AND ENDOWMENTS DO￿￿tionS and lryxries Gifts Donalions 17,590 5,000 17J92 5,000 Otber tradillE 4ctivitiei Sthuol FeeÈ S¥hulytsJiipb bur5all¢b Extras & disbutsetnents Registration fees Early year5 funding Oth¢r ittcom¢ SEND fi￿din¥ 1,006,144 951,803 143,5(KJl 17,766 2.R20 52.223 52.367 748 122.088 25,207 46.344 1.202J31 1,033.479 Interest receivable- Irading 17,631 2,773 Tot1 lll¢omlnE rtsourc 1.237,554 1.041.252 EXPLNDITURL RalslDg doDILtlons and legacles DLpTLiyli(Trn vf lyn¥ibli fiKid abs¢ts 1481 nthey rAdln2 etlvltl Bad debts 22,530 Charitable attlvltles Teachers ￿,￿ge TcdLIicis WLldl ￿¥￿ilY Teachers pensjons Oth¢r op¢rniing l¢as¢s Telephone Pv51age and s￿lI0￿¢ry Ad￿ertISing Sub5cripIIDtIS Staff trayel & welfure IT Support Website Recrnitmenl cos15 Oiher admin costs Camed fonvaTd 528.581 53.294 123,906 13.010 3,102 5.539 10,928 10.428 93.595 12.444 432,069 44.139 79,405 6.639 3.285 5,176 35,631 10.803 135.409 6.918 6,350 2.136 40.902 808.882 17.896 883,062 Thi3 pas¢ docs fjot form part of the stAtutory financial 5tatc]ncnts Pase 23

VITA ET PAX SCHOOL ICOCKFOSTERSI LIMITED Delailed Statement ol Tr'lnn¢ial Acllvffitits (•r thc ye4r Ended 31$1 Au%u5t 2023 3118123 3118122 Charitable actLVlties Brought forwaid Tea¢hing other 883,062 36,796 808,882 69,526 919,858 878,408 Support C￿t$ M4ngemtnt Suppon Wdges Suppon social s¢¢uriiy Supwi pensions PremiS¢S C¥)Sts Freehold property Interesi payable 103,788 9.846 17,978 298.734 73.583 7.529 189.747 14.346 12.232 253.780 6Y,665 513,458 539,770 Dank chw5 (4431 Govtrn*n¢e ¢o$is Auditors retnynerDtion AudJioTS' remuner3110TL fnr non 8udS1 work Profession21 and leg41 f¢cs 6.894 0,000 24,764 17.$89 18.507 ,024 37.658 37.180 Totsl resouTCeS expe]￿ed 1.470.483 .480.492 et expendlture 1232.9291 1439,2401 iiS Vd¥f th)rs Iwi fvrtIi PdTI ufth¢ sl&Luivry financi￿ 5liilLltirn¢S Pag¢ 24